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Page 11 of 42 4/3/24 Agreement No. 2024-02 <br />All insurance and surety bonds should be issued by companies admitted to do business <br />within the State of Washington and have a rating of A-, Class VII or better in the most <br />recently published edition of Best’s Reports. Any exception shall be reviewed and <br />approved by the City’s Risk Manager before the insurance coverage is accepted. If an <br />insurer is not admitted, all insurance policies and procedures for issuing the insurance <br />policies must comply with Chapter 48.15 RCW. <br /> <br />The City shall be provided written notice before cancellation or non-renewal of any <br />insurance referred to therein, in accord with the following specifications: <br /> <br />1. Insurers subject to Chapter 48.18 RCW (admitted and regulated by the <br />Insurance Commissioner): The insurer shall give the City 45 days advance <br />notice of cancellation or non-renewal. If cancellation is due to non-payment <br />of premium, the City shall be given 10 days advance notice of cancellation. <br /> <br />2. Insurers subject to Chapter 48.15 RCW (surplus lines): The City shall be <br />given 20 days advance notice of cancellation. If cancellation is due to non- <br />payment of premium, the City shall be given 10 days advance notice of <br />cancellation. <br /> <br />Prior to the performing any part of this Contract, Purchaser shall provide the City with <br />a Certificate of Insurance acceptable to the City Attorney evidencing the required <br />insurance. In addition, Purchaser shall provide the City with either (1) a true copy of <br />an endorsement naming the City of Everett, its officers, employees and agents as <br />Additional Insureds on all general liability, excess, umbrella, and property insurance <br />policies with respect to the operations performed and services provided under this <br />Contract and that such insurance shall apply as primary, non-contributing insurance on <br />behalf of such Additional Insureds or (2) a true copy of the blanket additional insured <br />clause providing such coverage from the policies. Receipt by the City of any certificate <br />showing less coverage than required is not a waiver of the Service Provider’s <br />obligations to fulfill the requirements. The full policy limits maintained by the <br />Purchaser shall be available to the City as Additional Insured, even if such limits are <br />greater than those required by this Contract. <br /> <br />Insurance coverage shall be obtained by the Purchaser prior to operations commencing <br />and continually maintained in full force until all Contract obligations have been <br />satisfied or an operating release has been signed by the City. <br /> <br />Purchaser shall include all subcontractors as insured under all required insurance <br />policies, or shall furnish separate certificates of insurance and endorsements for each <br />subcontractor. Subcontractor(s) must comply fully with all insurance requirements <br />stated herein. Failure of subcontractor(s) to comply with insurance requirements does <br />not limit Purchaser’s liability or responsibility.